More cash towards 50,000 affordable homes target

SCOTLAND'S supply of affordable housing is set to rise over the next three years after a cash injection to councils and registered social landlords (RSL) to buy land or buildings and convert or improve homes for rent.

Subsidies for affordable housing will be increased. Picture: Michael Gillen
Subsidies for affordable housing will be increased. Picture: Michael Gillen

Subsidies are going up from £58,000 to £70,000 for RSLs in city and urban areas and rising from £46,000 to £57,000 for council homes, following recommendations from an expert group, Housing Minister Margaret Burgess announced today.

Recommendations on increasing subsidy levels made by the group, which included housing associations and council representatives, have been agreed in full and will now be implemented for all new grant applications.